South Korea has temporarily suspended bidding its fighter jet project worth on a $7.3 billion only four days after reopening applications because bidders failed to meet the budget limit, Yonhap news agency reported on Saturday.
Lockheed Martin’s F-35A, Boeings F-15SE and EADS's Eurofighter Typhoon are the final three remaining in the competition.
South Korea has been vying to procure 60 next-generation fighter jets between 2017 and 2021, to replace its aging fleet of F-4 and F-5 jets.
South Korea's Defense Acquisition Program Administration (DAPA) has received 55 separate price bids since the opening of tenders, Yonhap reported.
DAPA will soon decide whether to halt bidding or resume with additional bids for the project.
"There is a need to carefully check the bids placed so far before making a decision to move forward," said a DAPA official was quoted as saying.
The South Korean Defense Acquisition Program Administration (DAPA) will finalize the purchase of 40 Lockheed Martins next-generation F-35 jet fighter jets later this year. "We will push to sign the contract in the third quarter, after testing and further negotiations," Jung Kwang-Sun, the DAPAs aircraft department director, was quoted as saying by various media report
South Korea will purchase 40 Lockheed Martin's F-35A stealth fighters from 2018, with an option to buy 20 more later, the Joint Chiefs of Staff (JCS) was quoted as saying by Yonhap News. JCS Chairman Choi Yun-hee held a meeting of top commanders to approve the plan to buy the 40 F-35 Block 3s, which are capable of conducting air-to-air and air-to-ground missions with internal carriage and external stations for missiles and bombs
The Defense Acquisition Program Administration (DAPA) will recommend the Boeing F-15SE fighter as the only candidate for the F-X next-generation fighter procurement project. DAPA told Korean President Park Geun-hye it will submit the recommendation to the Defense Project Promotion Committee soon, according to Chosun Ilbo
EADSs Eurofighter Typhoon has been eliminated from a $7.3 billion South Korean fighter program, which failed to meet some requirements, according to Yonhap News
Boeings F-15 Silent Eagle and EADS's Eurofighter Tranche 3 Typhoon have met the budget constraint of F-X program, according to The Korean Times. Boeing and the EADS come within the the procurement price of 8
South Koreas next-generation fighter program is under final bidding stage, with Boeings F-15 Silent Eagle (SE) in the contender position, according to The Korean Times. The F-15 is contesting against Lockheed Martins F-35 Lightning II and Eurofighter Tranche 3 Typhoon in the U
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